Professional Documents
Culture Documents
Website
Under Construction
Directors
Mr Muhammad Tanveer Ul Haq and Mr.
Omair Nawab
Ownership
Mr Muhammad Tanveer Ul Haq 50% and
Mr. Omair Nawab 50%
Investment
The directors will make an initial equity
Investment of £30,000 into the company.
They will also be seeking an additional
£20,000 investment in return for equity in
The business.
Executive Summary.
Based on research work and positive future prospectus Mr Muhammad
Tanveer Ul Haq and Mr Omair Nawab has decided to establish a high potential
Start-up prototype around the United Kingdom. The proposed start-up business
Name would be Jet Cruse LTD which is available for registration under
Companies’ house UK
The start-up prototype will be all about the global distribution system that
Streamlines the booking process of private jets by travel vendors and allows
Charter operators to improve their business performance with a platform that
Facilitates their access to all current and upcoming digital transformation
Models
Financial Summary:
Both directors intend to
Invest an amount of £50,000. With this investment, the revenue generated from
Both business revenue segments would be £152,000 in the first year of trading,
£212,800 in the second year of trading and £329,840
The net profit generated, after all, other operating expenses and
tax deduction is £31,810, £59,481 and £104,589 approximately in the 1st, 2nd,
and 3rd year respectively
No Commissions No Memberships
Always pay exactly what an operator charges and not a penny more on every
Trip
Vision
To become a prominent high potential business nationally and internationally.
Tagline
“We strive to make our customers happy”
Objectives
1. Increase service's market share
2. Provide opportunities for teams to improve their leadership skills
3. Reach out to more community members
4. Maintain or increase profits
5. Strengthen customer service
6. Implement tools and systems to increase productivity
7. Grow the organization as a team
8. Establish the brand message and voice
9. Improve company value
10. Enhance the quality of a business's service
11. Become a thought-leader in the industry
Select
Clients/Customers will have access to a network of
charter operators providing them with live,
bookable quotes
Book Direct
Once clients/customers will have made their
selection, contact the operator right in the app via
their email or phone to book their trip.
Starting a Business in the United Kingdom
Despite all these factors, whether it is Brexit or this pandemic, the UK will always
be an attractive spot for businesses to get established and flourish there.
Multinational companies choose to start doing business in the United Kingdom
for a reason. They gain access to affluent new customers, could refresh an
otherwise stagnant product or service, and open the potential to do more
business with other countries across Europe.
Ease of doing business:
▪ The UK ranks ninth out of 190 economies on the “ease of doing business
index’ published by the World Bank Group; this ranks countries against each
other based on how the regulatory environment is conducive to business.
▪ Economies with a high rank (1 to 20) have simpler and friendlier regulations
for businesses.
Our Associates
Private Jet Associates
Xojet (Private Jet company)
NetJets (Private Business Jets)
VistaJet (Airline)
Web and Mobile Application Development
We will design and develop our web and mobile app from The Distance
(Leading UK Mobile App Development Company).
Promotional Strategies
Direct Marketing
Direct marketing is a form of agnostic advertising that will allow Jet Cruse LTD
to interconnect directly with the customer, using advertising techniques such
as mobile messaging, email, interactive consumer websites, promotional
letters, and outdoor advertising. Corporate image can also be considered the
sixth aspect of the promotional mix. Jet Cruse LTD would use direct marketing
to offer its services to the clients.
Sales Promotion
Media and non-media communications would be used for a pre-planned
limited time to increase the client's need, stimulate the market demand, or
improve service availability. Examples include newspapers and magazine
articles/reports, television and radio presentations, charitable contributions,
speeches, publicity, and seminars. Jet Cruse LTD would do promotions to
increase the sale of services in different ways:
• Discounted prices
• Joint promotions
Advertising
Our company has proposed an adequate amount to invest in an advertising
campaign to create brand awareness and to get the maximum number of
clients. Jet Cruse LTD can use Common Advertising Methods as follows:
• Online outlets, including blogs and websites
• Social media & online advertising channels i.e., Google AdWords
Public Relations
Jet Cruse LTD would have more and more public relations and contacts. Public
relations would be enhanced through communications of Jet Cruse LTD that
will seek to establish a good relationship with audiences with this company,
including consumers and employees. This strategy would consist of getting
favourable publicity, building a good "brand image" and managing or fighting
rumours, stories, and unfavourable events. Jet Curse LTD would use writing press
releases, organising special events, conducting, and publishing surveys of
consumers of services or company, and efforts to make positive news of
society. Relative to personal sales, advertising, and sales promotions; public
relations expenditures are usually low in most organisations. Our company will
strongly emphasise on public relations for better positioning
Pricing Strategies
The main aim of Jet Cruse LTD is community welfare by providing private jet
booking assistance platform services through web applications & mobile
applications. But to sustain and grow in the market, Jet Cruse will charge a
commission from its private jet operator once anyone book their jet through
our web and mobile application. We will also charge subscription from our
associates partners to use of the online platform. The subscription fee may be
monthly, quarterly, or annually.
SWOT Analysis
Strengths
• Qualified directors
• Certified personnel
• Ethical conducts
• Clients oriented firm
• Efficient database management
• No cost of goods sales
Weakness
• No established clientele
• The new arrival in the UK
• The time required for establishing market
Opportunities
• Expansion in capital size
• Growth rates and profitability
• The opportunity to grow in demand
• Employment opportunity
Threats
• The entry of a new company
• Existing competitors in the market
• Regulator body policies
Organisation Summary
Muhammad Tanveer Ul Haq and Omair Nawab will be the directors of Jet
Cruse LTD. They will look after and oversee all the managerial tasks of Jet Cruse
LTD. For running the business smoothly, Jet Cruse will hire three employees for
the 1st year: one as IT Manager, second as a Computer Operator and third last
one as a Personal Assistant. In the 2nd year, one computer operator will more
hire according to the need of working and in the 3rd year, one more IT
manager & computer operator will hire because of expanding the targetmarket.
➢ Director No. 1 Mr. Muhammad Tanveer Ul Haq
➢ Director No. 2 Mr. Omair Nawab
➢ Information Technology Manager
➢ Computer Operator
➢ Personal Assistant
Questionaries